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Jan 13, 2013
01/13
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CNNW
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that kind of discussion feels dead on arrival in this political environment where we can't get something like a basic budget done. >> the problem is we're going to have to do some of this, anyway. anyone who owns a home knows this. if you defer maintenance, if you say to yourself, my boiler is leaking but i'm not going to fix it, that's actually a penny wise, pound-foolish decision. it will eventually break and cost you three times as much. that's what's happening with our roads, bridges and highways. if you look at air travel. we have one of the world's most antiquated travel systems, we need to update the antiquated computer system. one day you're going to have terrible problems or you're going to have a kind of the system will break down, it's not going to cost $25 billion. it will cost $50 billion. >> there's another thing we don't talk about enough. we're talking about spending as if there's this generally irresponsible spending around. some of that might be true. the bigger issue is nilements, the growth in what those are going to cost us over time. that's the real threat. it's the
that kind of discussion feels dead on arrival in this political environment where we can't get something like a basic budget done. >> the problem is we're going to have to do some of this, anyway. anyone who owns a home knows this. if you defer maintenance, if you say to yourself, my boiler is leaking but i'm not going to fix it, that's actually a penny wise, pound-foolish decision. it will eventually break and cost you three times as much. that's what's happening with our roads, bridges...
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Jan 21, 2013
01/13
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KOFY
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scientists can look at the minerals to help determine how the environment changed into current dusty landscape. >> facebook wants to expand menlo park headquarters but it can't make any changes until city officials agree. it's expected to be considered by the city council on tuesday. the report under current terms facebook would pay the city $1.5 million over the next ten years. company also would have to restrict the number of vehicles going in and out of that new office which would be built around the current headquarters. they plan to put 2800 employees in that new office space. >> ama: president has officially been sworn in for the second term. >> big public ceremony is coming up and what to expect in the speech. >> what you can expect from the monday morning weather as you take a look what is coming up. >> patriots and ravens right there. that is coming up later in sports as they squared off in sports as they squared off in the a.f.c. ch well, well, well. growing up, we didn't have u-verse. we couldn't record four shows at the same time. in my day, you were lucky if you could re
scientists can look at the minerals to help determine how the environment changed into current dusty landscape. >> facebook wants to expand menlo park headquarters but it can't make any changes until city officials agree. it's expected to be considered by the city council on tuesday. the report under current terms facebook would pay the city $1.5 million over the next ten years. company also would have to restrict the number of vehicles going in and out of that new office which would be...
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Jan 15, 2013
01/13
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KCSMMHZ
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researchers artificially changed the environment to monitor the impact on the crustaceans. they're trying to find out if the thinning of the ice could affect krill numbers. bigger animals at the south pole provide even more data. scientists in the university of tasmania have attached small devices on elephant seals to record their movements and the temperature of the sea where they swim. they're aiming to determine how changes in the ice volume and water temperature affect behavior. >> the elephant seal numbers have been declining over the last 20 or 30 years, and it's almost certainly due to some change in the marine environment. we can make predictions about how the animals are going to respond as the climate changes into the future. >> reporter: australian officials and experts say their effort isn't just academic but realistic and practical too. >> certainly climate change is a really big concern to us. concerned about antarctica because of the impact it has and the practical consequences. it affects the ocean around it and therefore the fisheries upon which we rely. >>
researchers artificially changed the environment to monitor the impact on the crustaceans. they're trying to find out if the thinning of the ice could affect krill numbers. bigger animals at the south pole provide even more data. scientists in the university of tasmania have attached small devices on elephant seals to record their movements and the temperature of the sea where they swim. they're aiming to determine how changes in the ice volume and water temperature affect behavior. >>...
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Jan 16, 2013
01/13
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CSPAN2
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the environment is one of uncertainty and obscurity. mostly uncertainty. so let's say a farmer plants an orchard or veneer, he is not sure that he has 10 years to raise the orchard and bring it to fruition. so if you grill it, there is not economic support in the region. so there is a list of activities and the need for providing us the certainty about the future of afghanistan but by the afghan leadership and the international community. i have seen the division of property and the areas with the most biting are the ones that are most affected. >> let me talk about a question to close it down. jim used a number of statistics. one that struck me was 52% of the african population of the country is going in the right direction. my question to each of you is what is your view? is the country going in the right direction? are you optimistic or pessimistic as we look forward in the next two years and after two years. >> really -- um, the country is going in the right direction. um, people feel more confident about the way that the country is conducted. but as w
the environment is one of uncertainty and obscurity. mostly uncertainty. so let's say a farmer plants an orchard or veneer, he is not sure that he has 10 years to raise the orchard and bring it to fruition. so if you grill it, there is not economic support in the region. so there is a list of activities and the need for providing us the certainty about the future of afghanistan but by the afghan leadership and the international community. i have seen the division of property and the areas with...
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Jan 15, 2013
01/13
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KQED
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neighbors and that is to try and build on the trust and then build that trust enough to be able to build an environment in i we can take care of the disputes we have on the dialogue table rather than through military statements and through military actions. >> rose: the president's last press conference of his first term, and the foreign minister of pakistan when we continue. funding for charlie rose was provided by the following:. captioning sponsored by rose communications >> from our studios in new york city, this is charlie rose. >> rose: tonight we begin with news from the white house, president obama held the last press conference of his first term this morning. most focus was on the battle over the nation's debt limit. the president warned in his opening are remarks that the failure to raise the debt sealing would threaten the u.s. economy. >> so we got to pay our bills. and republicans in congress have two choices here. they can act responsibly and pay america's bills, or they can act irresponsibly and put america through another economic crisis. but they will not collect a ransom in exchange f
neighbors and that is to try and build on the trust and then build that trust enough to be able to build an environment in i we can take care of the disputes we have on the dialogue table rather than through military statements and through military actions. >> rose: the president's last press conference of his first term, and the foreign minister of pakistan when we continue. funding for charlie rose was provided by the following:. captioning sponsored by rose communications >> from...
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Jan 13, 2013
01/13
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. >> the interment of the -- environment of the narcotrafficker forces in uncertainty. when they raise an orchard or vineyard and turns it into a poppy field -- when he is not sure what is learned happened to him or his family, they turn to narcotics. it takes three months to grow it. it does not need refrigeration or economic integration, nothing. if we see an increased degree of uncertainty, we would probably see more poppy cultivation. it would be listed economic activities. -- illicit economic activities. the leadership [indiscernible] in the areas where the economy is thriving, we have seen a reduction of narcotics and cultivation of the poppy. in areas where we see most of the fighting, that is where most of the poppies are grown. >> let me close with a final question. jim used a number of statistics. one that struck me is i have the right to a 52% of the afghan population thought the country is going on in the right direction. my question to each of you, what is your view? is the country going in the right direction and are you optimistic or pessimistic as we loo
. >> the interment of the -- environment of the narcotrafficker forces in uncertainty. when they raise an orchard or vineyard and turns it into a poppy field -- when he is not sure what is learned happened to him or his family, they turn to narcotics. it takes three months to grow it. it does not need refrigeration or economic integration, nothing. if we see an increased degree of uncertainty, we would probably see more poppy cultivation. it would be listed economic activities. -- illicit...
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Jan 13, 2013
01/13
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MSNBCW
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. >> the environment of looking from the outside of a hydroplane, it likes wonderful, graceful vehicle that flying over the water. the truth is the boat is actually beating the snot out of the driver that's inside. >> david fell in love with racing boats as a teenager. while most kids his age were out riding bicycles. >> i started out racing flat-bottom boats, because that's what my uncle had done. >> dave, good-bye. >> and it was a lot of fun, and it progressed into bigger flat-bottom boats, managed to set a lot of world records and win a lot of championships. >> from there, of course, it was a natural step to racing hydroplanes. dave soon breaking almost every record in the book. in 2004, he decides to see just how fast he can drive his legendary hydroplane, miss budweiser, and tries for the straightaway speed record. >> we'll be racing against time and mother nature. we'll see what we're made of. >> dave doesn't let his nerves show as he gets ready to start the record attempt. >> one of the problems in setting records is you know you're going to experience things that other people h
. >> the environment of looking from the outside of a hydroplane, it likes wonderful, graceful vehicle that flying over the water. the truth is the boat is actually beating the snot out of the driver that's inside. >> david fell in love with racing boats as a teenager. while most kids his age were out riding bicycles. >> i started out racing flat-bottom boats, because that's what my uncle had done. >> dave, good-bye. >> and it was a lot of fun, and it progressed...
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Jan 16, 2013
01/13
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CSPAN2
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you have increasing interaction with the natural environment. greater doge of complexity, we start to introduce concepts like climate change and conditions of uncertainty, the level of the types of events that can occur there in terms of the order of magnitude and the consequences grows. we know the frequency is increasing. and today we're going talk a little bit about the unique area of the world from a couple of different perspectives. i would like do you think about a couple of things as we do that. the first is overriding concept of resiliency. several months ago they produced a national report on resiliency. national imperative action in moving forward and how to think differently and the interaction of the human built and the natural environment. having done many months in the gulf on several different disasters and crisis that were down there, i come to think of resiliency as similar to the human immune system. the preexisting conditions are not created by the event but to the extend they are present. they are exacerbated and magnify the
you have increasing interaction with the natural environment. greater doge of complexity, we start to introduce concepts like climate change and conditions of uncertainty, the level of the types of events that can occur there in terms of the order of magnitude and the consequences grows. we know the frequency is increasing. and today we're going talk a little bit about the unique area of the world from a couple of different perspectives. i would like do you think about a couple of things as we...
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Jan 17, 2013
01/13
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CNBC
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and then the mortgage re-phi boom in this interest rate environment has been a boom in the past couple of years. those are going to expire at some point. with interest rates where they are, it's difficult for the banks on margin. there's no question the banking system is much stronger, earning better and is has much higher capital and liquidity than it's had probably forever almost. >> you know, well, that's quite a statement because there's a lot of people who would still say banks shouldn't necessarily be turning around and handing capital back to shareholderses. would you agree that given the improvements we've made, it's time for them to be allowed to go forward? >> i think that the banks have accumulated so much capital and that they really don't have a good use for it in light of the lack of qualified loan demand. i'm not saying lack of loan demand because there's a lot of loan demand. but the credit standards are much higher and you don't have much to do with the capital. so you have to give it back if you don't need it. i'm talking about toous banks. it's not true around the wo
and then the mortgage re-phi boom in this interest rate environment has been a boom in the past couple of years. those are going to expire at some point. with interest rates where they are, it's difficult for the banks on margin. there's no question the banking system is much stronger, earning better and is has much higher capital and liquidity than it's had probably forever almost. >> you know, well, that's quite a statement because there's a lot of people who would still say banks...
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Jan 17, 2013
01/13
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CNBC
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people see a generally positive environment for those stocks. i think lmomentum continues there. >> you are seeing flows into materials and technology, but a flo flow out of staples and health care, correct? >> it's clear as day. for etf investors, all risk on and out of risk off. we've seen a billion dollars flow out of telecom, utilities and a couple billion dollars flow into the risk on sectors like materials, industrials and tech. that's where investors are placing their bets for this earnings season. at least etf investors and so far it's paid off. >> matt, it's tim. how about the etfs that correspond to treasury movements last year, this was a trade that everybody got on, because everybody assumed rates had to go higher eventually. where are people lining up in this? this ite >> we should look very closely as what investors are doing in the bond space. i think they are taking a hands off approach. they are certainly shortening their duration and they are actually outsourcing their active management into funds like bond. we are seeing those
people see a generally positive environment for those stocks. i think lmomentum continues there. >> you are seeing flows into materials and technology, but a flo flow out of staples and health care, correct? >> it's clear as day. for etf investors, all risk on and out of risk off. we've seen a billion dollars flow out of telecom, utilities and a couple billion dollars flow into the risk on sectors like materials, industrials and tech. that's where investors are placing their bets...
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Jan 17, 2013
01/13
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CSPAN
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issued some temporary principles-pass based rules that would allow people to raise capital in this environment while it gives you experience and time to get them right? >> good to see you, professor. i think that question goes specifically to the larger question of the problem of principles-based rules. we are present prescriptive in our rulemaking. when we try, if you look at the proposal on general solicitation, when things are more principles-based, what we get back from lawyers, you know, trade groups, please give us a safe harbor with three easy steps and a check lists to ensure ourselves against liability both from the s.e.c. and civilly. there are oftentimes a press to get that sort of prescriptive rulemaking. quite frankly, i'm skeptical it would work because i don't know if folks would take the ball and run with it. the s.e.c., we, the commission, need to get on it and get the rules proposed and finalized. the fact that it's not done is a travesty. the deadline was in july of last year for final rules. and we only got our proposal out at the end of august. i hope and expect that there
issued some temporary principles-pass based rules that would allow people to raise capital in this environment while it gives you experience and time to get them right? >> good to see you, professor. i think that question goes specifically to the larger question of the problem of principles-based rules. we are present prescriptive in our rulemaking. when we try, if you look at the proposal on general solicitation, when things are more principles-based, what we get back from lawyers, you...
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Jan 21, 2013
01/13
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CSPAN2
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people who come from the peasant background it was not from a political movement that toward the free environment of the city that is what most people did been in the process some became politicized. >> host: they thought they would be markedly different. >> guest: that they would not be murdered for taking a stand in the relatively free environment they could create the conditions for the modern movement. >> host: talk about the movement and snic and others. who were the people that moved the most? king comment now, x, john lewis, stokely carmichael? >> all of the above. i tried to explain to students rosa parks made more to mr. king possible. not vice versa. if she did not do what she had done margin mr. king would be inarticulate well-meaning baptist minister. because of rosa parks we talk about him today. she opened up the possibility to open those qualities to rise to the equation. >> host: while she refused to give up her seat she was thinking of the 14 year-old black boy from chicago who went to mississippi because he whistled at a white woman was brutally murdered. to that change your spa
people who come from the peasant background it was not from a political movement that toward the free environment of the city that is what most people did been in the process some became politicized. >> host: they thought they would be markedly different. >> guest: that they would not be murdered for taking a stand in the relatively free environment they could create the conditions for the modern movement. >> host: talk about the movement and snic and others. who were the...
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Jan 20, 2013
01/13
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CSPAN2
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you moved toward the freer environment of the city. you moved from the south to the north. that is what most people did. in the process of doing that some of them became politicized. >> host: because they expected things to be markedly different in the north. they didn't think racism existed in the north. >> guest: in the north they are not going to be murdered for taking a stand. and so in a relatively freer environment they are able to create the conditions for the modern movement. >> host: talk about some of the people of the movement. there is sncc and the clc and the others. who were the people who most move things? was a king? king? was it malcolm x? was at the death of medgar evers? was a stokely carmichael or john lewis? >> guest: all of them have different roles. one of the ways in which i try to explain to students that parks made martin luther king possible. if she hadn't done what she did by refusing to give seat on that montgomery bus martin luther king would have simply been an articulate well meaning baptist minister. is because of rosa parks that we are talk
you moved toward the freer environment of the city. you moved from the south to the north. that is what most people did. in the process of doing that some of them became politicized. >> host: because they expected things to be markedly different in the north. they didn't think racism existed in the north. >> guest: in the north they are not going to be murdered for taking a stand. and so in a relatively freer environment they are able to create the conditions for the modern...
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Jan 16, 2013
01/13
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CNBC
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dimon asked the feds for smaller buy back to go forward to play it safe in a regulatory environment. sue, back to you. >> thank you very much. matt, covering goldman sachs and j.p. morgan for wells fargo. matt, first of all, let's go to j.p. morgan. how do you rate the stock and do today's rates change the way you feel about the stock? >> thanks, sue. we have an outperform rating on j.p. morgan today and we've had it for some time. we think today's results actually were, once you read through a number of the one-time items, relatively strong. we see a core return on tangible common equity in mid teens. and we think that the strong mortgage performance of the company as well as the relatively strong performance out of investment bank, good revenue performance, and as your previous reporter mentioned, preconference as well and that leads it a solid performance. relative to the peer group for the next six to 12 months. >> so matt, give mae choice between goldman sachs and j.p. morgan. i know they have fundamental differences between them, but if you have to buy one stock today, would it
dimon asked the feds for smaller buy back to go forward to play it safe in a regulatory environment. sue, back to you. >> thank you very much. matt, covering goldman sachs and j.p. morgan for wells fargo. matt, first of all, let's go to j.p. morgan. how do you rate the stock and do today's rates change the way you feel about the stock? >> thanks, sue. we have an outperform rating on j.p. morgan today and we've had it for some time. we think today's results actually were, once you...
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Jan 13, 2013
01/13
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CSPAN2
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in this environment, subsidizing wind and solar makes no sense. also five years ago, we thought that china and india, and other emerging economies, my sign-on to emissions reductions, and, therefore, that if we reduced emissions, perhaps global temperatures would be reduced. and i don't think it does but i don't tak take a position on whr mandated emissions caused global warming or not, but if we are reducing our emissions and china and india, which make up 37% of the worlds population, are not doing so, when i pointed any affect on the global temperatures. and then the first chapter of the book i talk about geoengineering solutions, that nobel prize-winning weiner thinks we can reduce global temperature if we just do it on our own. painting russ whitehurst like the sun's rays. what we are doing with a 12 and dollars were spent on alternative energy is pushing people into cars that they don't want to buy, we are raising electricity costs. we are -- we're getting rid of incandescent lightbulbs in favor of fluorescent lightbulbs. and the cost of thi
in this environment, subsidizing wind and solar makes no sense. also five years ago, we thought that china and india, and other emerging economies, my sign-on to emissions reductions, and, therefore, that if we reduced emissions, perhaps global temperatures would be reduced. and i don't think it does but i don't tak take a position on whr mandated emissions caused global warming or not, but if we are reducing our emissions and china and india, which make up 37% of the worlds population, are not...
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Jan 17, 2013
01/13
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CSPAN2
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key is the fact that how this intensity and duration over a period of time begins to impact on the environment and on people. and so that's when you get into agricultural drought, hydrologic drought, and there's another type of drought sometimes referred to which is more socioeconomic drought, which is kind of a supply and demand thing, so there gets to be a lot of confusion sometimes between what is an agricultural drought and what is at hydrologic drought. in the minds of the public eye which is a also in the minds of some researchers and scientists speed roger, you live right there in colorado, quite a few months out of the year so you in a state that's got the perfect case study. i think he wanted to make a comment on that? >> so from the standpoint of the state of colorado, one of the things, and other states that don has mentioned them is the idea of linking the drought plan to the other planning mechanis mechanisms. the links between the drought plan and the water resources plan in many cases are very tenuous. one of the few states that's actually trying to make a link between long-term
key is the fact that how this intensity and duration over a period of time begins to impact on the environment and on people. and so that's when you get into agricultural drought, hydrologic drought, and there's another type of drought sometimes referred to which is more socioeconomic drought, which is kind of a supply and demand thing, so there gets to be a lot of confusion sometimes between what is an agricultural drought and what is at hydrologic drought. in the minds of the public eye which...
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Jan 15, 2013
01/13
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KNTV
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. >> it really helps the cartilage, the new cartilage grow by providing an environment where the cartilage feels comfortable and feels like they can produce actual cartilage instead of scar tissue. >> dr. larry gold studied a small group of patients with damaged cartilage. most of them tried the new hydro gel. patients still had to undergo an outpatient procedure allowing tiny holes to be drilled in their bone beneath the cartilage. the hydro gel was applied. as a result healthy cartilage grows instead of scar cartilage. >> you have a repair that is more like the native cartilage. it will last longer. it will perfeorm better, the patient will be able to tolerate more weight bearing activity without pain. >> reporter: because the cartilage can last five years instead of one or two with the current approach, the new procedure may spare patients from undergoing a second cartilage repair or knee replacement surgery. larger studies are now need ed o determine if hydro gel is safe long term and if it is, it could be available to patients in just a few years. the fda must also approve hydro gel b
. >> it really helps the cartilage, the new cartilage grow by providing an environment where the cartilage feels comfortable and feels like they can produce actual cartilage instead of scar tissue. >> dr. larry gold studied a small group of patients with damaged cartilage. most of them tried the new hydro gel. patients still had to undergo an outpatient procedure allowing tiny holes to be drilled in their bone beneath the cartilage. the hydro gel was applied. as a result healthy...
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Jan 15, 2013
01/13
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FBC
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it also has the added effect of being good for the environment. jeff: this not only has the electric propulsion system, but it has a generator onboard. >> you get to a certain point, the generator will kick in and recharge the battery. you can go for hundreds of miles. jeff: you see all of these folks interested. the concept is electric cadillac. it is pretty exciting to a lot of people. >> there is nobody in the luxury space that can do this right now. we will only make so many for so long. it will be on market in january. jeff: nice. bob ferguson. spent a lot of time in washington. you did a pretty good job. everyone seems to be happy. >> it was tough going for a while, but things are good now. jeff: congratulations on the car. always good to be excited about a new product. this has gm headed in the right direction. next our, pw. dagen: you'll be at the detroit auto show. thank you so much. lance armstrong opening up about doping to oprah. we have reports that the justice department is likely to join a whistleblower lawsuit filed by former teamm
it also has the added effect of being good for the environment. jeff: this not only has the electric propulsion system, but it has a generator onboard. >> you get to a certain point, the generator will kick in and recharge the battery. you can go for hundreds of miles. jeff: you see all of these folks interested. the concept is electric cadillac. it is pretty exciting to a lot of people. >> there is nobody in the luxury space that can do this right now. we will only make so many for...
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121
Jan 16, 2013
01/13
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KQED
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. >> and i think in an environment where you have hundreds of millions of chinese on twitter, that increasingly are learning their government officials are worth billions of dollars. >> rose: basically you are saying their fear is legitimate. >> i think their fear is legitimate, i don't think the country is going to fall apart. >> rose: but very strong protest movement that has legs could provide a challenge over -- >> that's right. and they are so unwilling to risk that, they are so unwilling to tolerate even a little that they are likely to do two things, first, it will truly slow them on economic reform that is necessary and on any political reform to make a very conservative and cautious and they need to speed up and respond to these people and makes it much more likely the chinese will engage in nationalism, because if you are going to get mad at something in china you are going to have this information you can't stop the chinese from -- >> rose: raise the nationalism flag. >> yes and that is really -- >> rose: write is the reason in places in europe you have a certain national link, natio
. >> and i think in an environment where you have hundreds of millions of chinese on twitter, that increasingly are learning their government officials are worth billions of dollars. >> rose: basically you are saying their fear is legitimate. >> i think their fear is legitimate, i don't think the country is going to fall apart. >> rose: but very strong protest movement that has legs could provide a challenge over -- >> that's right. and they are so unwilling to...
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Jan 21, 2013
01/13
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FBC
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i mean for the past several years, we've been wringing our hands about creating a stable environment in afghanistan, and the theory then well you do that, and we have solved the -- solved the al qaeda problem. we've been saying that for years that isn't the case. the facility that was hit, you know, these companies, this is where they operate, they operate in high risk, high threat areas, and they have a very high risk appetite. they understand the dangers that are involved. but the problem is the confluence of events. the things that have been happening including libya as you mentioned have allowed for a strengthening of the primary extremist groups. stuart: you could say this is the down side of the arab spring to some degree. it is a big down side. by the way we're just learning that three american hostages died in the takeover there. that's just been revealed just moments ago, literally. last one to you, mike, do you -- do you think it's possible to protect facilities like the one that was just attacked in algeria? they're remote. they're huge, and they are remote. >> well, you c
i mean for the past several years, we've been wringing our hands about creating a stable environment in afghanistan, and the theory then well you do that, and we have solved the -- solved the al qaeda problem. we've been saying that for years that isn't the case. the facility that was hit, you know, these companies, this is where they operate, they operate in high risk, high threat areas, and they have a very high risk appetite. they understand the dangers that are involved. but the problem is...
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428
Jan 21, 2013
01/13
by
WBAL
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you're also assessing the environment. are all the players in place? you're looking at about 40 something law enforcement agencies and it's an orchestra coming together to do a symphony and the secret service is the conductor. >> during the parade, the thrill of thrills for someone along the parade route is when the president and first lady get out of the car and walk. they get to see them. >> yeah. >> they get to get a glimpse of them. that has to be the biggest nightmare for people in your former position. >> yes. of course, you don't want them coming into close proximity with people. you don't know what a person is going to do, even though they've gone through a metal detector. you don't know what their intentions are. >> is that what we think of as a spontaneous moment where the president gets out, actually a carefully, orchestrated event? >> sometimes yes, sometimes no. sometimes we think, okay, we're going to go from point a to point b. and he may do a b-line and go the other way. >> can't the secret service tell him, mr. president, this is where
you're also assessing the environment. are all the players in place? you're looking at about 40 something law enforcement agencies and it's an orchestra coming together to do a symphony and the secret service is the conductor. >> during the parade, the thrill of thrills for someone along the parade route is when the president and first lady get out of the car and walk. they get to see them. >> yeah. >> they get to get a glimpse of them. that has to be the biggest nightmare for...
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Jan 21, 2013
01/13
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CNBC
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the bank of japan, if you monetize the debt in a low inflationary environment, is this a free lunch? >> right. >> in the uk, it has turned out to be a free lunch. would it in japan? possibly, yes, and, therefore, i wonder if these issues ever will be addressed. >> and what's so interesting, you're seeing these bizarre rates happening in a monetary policy. we feel like we're in a whole new regime where people feel like it doesn't matter at all. wondering if it matters at all how much you spend and borrow in these situations. how does it change, if at all your strategy from here? >> it makes having a long-term strategy really, really tough. and you can see that in the markets right now. what people see by more investment, it gets pushed into treasuries, into eks, and we see markets trading at very elevated levels. relative to fundamentals appears to become the norm. and i would argue that we're now in a world where it's very difficult to recruit any decent returns. as a result, as investors, we're going to have to live with that. >> and a lot of people are just closing up shop and sayi
the bank of japan, if you monetize the debt in a low inflationary environment, is this a free lunch? >> right. >> in the uk, it has turned out to be a free lunch. would it in japan? possibly, yes, and, therefore, i wonder if these issues ever will be addressed. >> and what's so interesting, you're seeing these bizarre rates happening in a monetary policy. we feel like we're in a whole new regime where people feel like it doesn't matter at all. wondering if it matters at all...
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Jan 13, 2013
01/13
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CSPAN2
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dove -- when no one of your main arguments is that it's a good environment for negotiations of a similar situation, describing 2004. now, i want to know in light of all the -- that we have heard the government perceived by the taliban and the u.s. is pulling for the americans why would you say that the americans -- to talabani's in a situation -- [inaudible] could you please elaborate more and the other question is that in passing i heard something about india and iran. i would like to hear some more on that to see whether iran and india together or individually have any role in the play as you'll discuss. thank you very much. >> hi, katie from the department of state. you kind of reference the growth of ttp to the lack of support received by the pakistani civilian law-enforcement bodies. i wanted to see if you could kindly clarify whether the support you are looking for there was financial or domestic, political will and why do you think that support is provided to you? >> the gentleman behind. >> hi. i'm with the u.s. -- religious freedom. the role of religion and the narratives that t
dove -- when no one of your main arguments is that it's a good environment for negotiations of a similar situation, describing 2004. now, i want to know in light of all the -- that we have heard the government perceived by the taliban and the u.s. is pulling for the americans why would you say that the americans -- to talabani's in a situation -- [inaudible] could you please elaborate more and the other question is that in passing i heard something about india and iran. i would like to hear...
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Jan 16, 2013
01/13
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CNBC
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in the near term, overall performance of the pc client group is key to understanding the overall environment. but for the stock, the company's full year guidance, which we expect to hear, probably matters more so i'll be watching that. longer term, analysts need better evidence that intel really can gain ground in tablets and smartphones where so far, chip giant just hasn't made a dent. back to you. >> thank you for that, jon fortt. the other issue is inventory. that's been rising as a percent of revenues since the third quarter of last year. and that is -- they have to scale back production in order to cut back the inventory. >> they are so poorly positioned in the tablet space, tabletting are destroying laptops right now. if you talk about emerging market growth, it's again, back to that apple story. it's as a much lower gross margin. intel guided gross margins to 57%. that's the lowest since q-3 2009. i don't think it's a good press. it just rallied 10% off the november lows, but it's kind of in no man's land. you really need to get a sense how they are positioned. don't forget, they are
in the near term, overall performance of the pc client group is key to understanding the overall environment. but for the stock, the company's full year guidance, which we expect to hear, probably matters more so i'll be watching that. longer term, analysts need better evidence that intel really can gain ground in tablets and smartphones where so far, chip giant just hasn't made a dent. back to you. >> thank you for that, jon fortt. the other issue is inventory. that's been rising as a...
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Jan 18, 2013
01/13
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KQED
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consumers large and small rely on back up generators, at huge cost to both the environment and economy says energy expert kirit parikh. he traces the problem to policies that never really took into account the cost of power and gave it away to some consumers >> we started out with saying farmers should get cheap and free electricity. this was 30 years ago when we wanted farmers to really adopt more modern technologies, it was considered a good way to promote green revolution. >> reporter: power was distributed cheaply or free to farmers and other groups who's votes politicians courted. little effort was made to meter it. that prompted many people to hook themselves up, illegally. parikh says a third of all power is stolen off the grid. >> of the generated electricity is not charged to anyone. >> reporter: with little new money coming in, public utilities haven't been able to expand capacity or to buy enough fuel like coal or natural gas-- both in short supply anyway. power must be rationed but some regions overdraw their allotment. that can cause the system to shut down, or as it did l
consumers large and small rely on back up generators, at huge cost to both the environment and economy says energy expert kirit parikh. he traces the problem to policies that never really took into account the cost of power and gave it away to some consumers >> we started out with saying farmers should get cheap and free electricity. this was 30 years ago when we wanted farmers to really adopt more modern technologies, it was considered a good way to promote green revolution. >>...
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Jan 17, 2013
01/13
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WJZ
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consumers large and small rely on back up generators, at huge cost to both the environment and economy says energy expert kirit parikh. he traces the problem to policies that never really took into account the cost of power and gave it away to some consumers >> we started out with saying farmers should get cheap and free electricity. this was 30 years ago when we wanted farmers to really adopt more modern technologies, it was considered a good way to promote green revolution. >> reporter: power was distributed cheaply or free to farmers and other groups who's votes politicians courted. little effort was made to meter it. that prompted many people to hook themselves up, illegally. parikh says a third of all power is stolen off the grid. >> of the generated electricity is not charged to anyone. >> reporter: with little new money coming in, public utilities haven't been able to expand capacity or to buy enough fuel like coal or natural gas-- both in short supply anyway. power must be rationed but some regions overdraw their allotment. that can cause the system to shut down, or as it did l
consumers large and small rely on back up generators, at huge cost to both the environment and economy says energy expert kirit parikh. he traces the problem to policies that never really took into account the cost of power and gave it away to some consumers >> we started out with saying farmers should get cheap and free electricity. this was 30 years ago when we wanted farmers to really adopt more modern technologies, it was considered a good way to promote green revolution. >>...
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Jan 14, 2013
01/13
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CNNW
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the environment where these pythons now live is not used to them. these creatures have evolved from places like the rainforest in southeast asia or the african savannah, and the habitat or the grassland habitat that you find in the everglades just simply is not equipped to deal with these very new and very invasive species. basically these pythons are invaders, and they are eating everything they come in contact with. >> you say these very new, are these pythons that were people's pets? >> likely that's how all of this originated. pot past 30 years people have been importing these snakes. a lot less lately. but during the 1970s and 1980s thousands and thousands of these snakes were brought in from asia and africa, and more often than not they either escaped because of hurricanes or people released them into environments where they shouldn't have, and these animals took over. they started out as pets, and then through negligence were released and, unfortunately, this ecosystem just really is not prepared to take on what these snakes do to the environ
the environment where these pythons now live is not used to them. these creatures have evolved from places like the rainforest in southeast asia or the african savannah, and the habitat or the grassland habitat that you find in the everglades just simply is not equipped to deal with these very new and very invasive species. basically these pythons are invaders, and they are eating everything they come in contact with. >> you say these very new, are these pythons that were people's pets?...
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Jan 17, 2013
01/13
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LINKTV
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indigenous-led effort to protest the federal government's treatment of native peoples and its record on the environment. the year, india and japan have grounded the dreamliner jets over safety concerns following a series of incidents. federal aviation ordered all of them taken out of service wednesday. european officials followed suit today. the 787 is the newest of a boeing and the company reportedly is depending heavily on its success. it's suffered from several issues including a fire on a plan bought -- park in boston an emergency landing in japan that had burn marks around the main battery. today marks the 100th birthday of the legendary media activist everett parker. active for more than six decades, parker is best known for spearheading the challenge to mississippi television station wlbt in the 1960's, which ultimately had its license revoked for attempting to squelch the voices of the civil- rights movement of the time. in a 2008 interview with "democracy now!" everett parker discussed his efforts to monitor racist television networks as founder of the office of communication of the united chu
indigenous-led effort to protest the federal government's treatment of native peoples and its record on the environment. the year, india and japan have grounded the dreamliner jets over safety concerns following a series of incidents. federal aviation ordered all of them taken out of service wednesday. european officials followed suit today. the 787 is the newest of a boeing and the company reportedly is depending heavily on its success. it's suffered from several issues including a fire on a...
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Jan 17, 2013
01/13
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CNBC
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it is a tough environment for luxury as people trade down and start looking for bargains. joining us is susan lyne, chairman of gilt.com. she's also the former president and ceo of martha stewart living. also on set with us this morning our guest host, mellody hobson. susan thank you for joining us this morning. >> thank you. >> i checked out gilt.com and i have to say, these are great brands at great prices. >> it is. >> how do you offer some of the bargains you're offering? >> you know, we've got long relationships now, we're about five years old, with many of the top brands, and they realize this is a great way for them to sell excess inventory and everyone has excess inventory because these are event-based sales. they're quick. and consumers love them. >> i've seen you run out of stock quickly on these things. buy it now or it's gone type of situation. >> yep. >> is it a difficult environment for luxury right now? is that a fair estimation? >> our sector has had a fantastic holiday. we were up over 30% on gilt.com. >> but you're talking about bargain prices, where peop
it is a tough environment for luxury as people trade down and start looking for bargains. joining us is susan lyne, chairman of gilt.com. she's also the former president and ceo of martha stewart living. also on set with us this morning our guest host, mellody hobson. susan thank you for joining us this morning. >> thank you. >> i checked out gilt.com and i have to say, these are great brands at great prices. >> it is. >> how do you offer some of the bargains you're...
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Jan 16, 2013
01/13
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KNTV
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and then i started to go to a local gym to walk on a treadmill and it just -- being in the environment, it made me, you know, want to be more involved in the other aspects of my physical health. >> that's when you started getting into working out. is this book for mere mortals? we joke about it. we see you at "in the club." our results may very. you're pretty in shape. >> when they call me machine they're making fun of me. >> oh, they are? >> yes. the book is for the average person to -- person that's a little more advanced. there's two different programs in there. it's a six-week program. it has diet involved in it. a lot of times people get the training right and not implement the right diet and so they don't see the results they're actually looking for. >> a lot of people have notions about the rap lifestyle. not everyone immediately thinks this is the healthiest lifestyle. something you take on right away in the book. you write you might legitimately ask, who are you to preach fitness? aren't you the guy who dropped joints like high all the time? >> comfortable with that fitness an
and then i started to go to a local gym to walk on a treadmill and it just -- being in the environment, it made me, you know, want to be more involved in the other aspects of my physical health. >> that's when you started getting into working out. is this book for mere mortals? we joke about it. we see you at "in the club." our results may very. you're pretty in shape. >> when they call me machine they're making fun of me. >> oh, they are? >> yes. the book is...
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Jan 17, 2013
01/13
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provide $50 million to help 8000 schools to train teachers and staff to create safer environments. when it comes to mental health, more money, provided $55 million for new initiative to make sure students get mental treatment. $25 million for state base strategies supporting individuals age 16-25 with mental health or substance abuse issues. another $25 million to offer students mental-health services for trauma or anxiety. $50 million to train 5000 additional mental health professionals serving children and young adults. those are the items the washington post as identified that congressional action would be necessary. as we go throughout the morning, a lot of editorials from this morning's papers. we were reports of those as well. we take your calls and get your thoughts, jeff is a gun owner from missouri. thank you for holding. go ahead. caller: the sun is just coming up here, and it has been up for you a little bit. i wanted to address the. a lot of people -- the point a lot of people forget. the second amendment was put into place to protect people from being observed by a cor
provide $50 million to help 8000 schools to train teachers and staff to create safer environments. when it comes to mental health, more money, provided $55 million for new initiative to make sure students get mental treatment. $25 million for state base strategies supporting individuals age 16-25 with mental health or substance abuse issues. another $25 million to offer students mental-health services for trauma or anxiety. $50 million to train 5000 additional mental health professionals...
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Jan 21, 2013
01/13
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FBC
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nothing to do about the environment, everything to do about making money for obama's cronies in the green energy space. lori: certainly maybe if you are shareholder you can get a piece of that and invested those. you could try and profit along with it. one thing that i heard a lot before the election from people in the energy industry is that they really believe that after the election it would clear the way politically for president obama to be a proponent of the exxon pipeline. i felt like he fundamentally was against the idea. >> to get reelected without approving a pipeline that could have brought us more energy security and jobs. you get elected without that. why will he do it now? his climate change the agenda will be very high. he will talk about a carbon tax, but we will release its of regulatory agencies, resting down on the regulations to force the price of regular fool's fire lori: maybe some of these will be built by people who are more friendly. have we heard a name? >> i expected to be worse. greenhouse rules in the pipeline. it will stop the construction of the coal-fired p
nothing to do about the environment, everything to do about making money for obama's cronies in the green energy space. lori: certainly maybe if you are shareholder you can get a piece of that and invested those. you could try and profit along with it. one thing that i heard a lot before the election from people in the energy industry is that they really believe that after the election it would clear the way politically for president obama to be a proponent of the exxon pipeline. i felt like he...
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Jan 18, 2013
01/13
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CNBC
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cost structure, looking at technology, looking at taking out costs and everything because that is the environment when the i.t. budgets are much flatter. so from that point, we were looking quite good so far as we get into the next year. >> and last question, what do you think this company will look like in calm of years time? it's been through so many transformations, changing business over the years. is this going to be a company that is still heavily focused on i.t. services as you divest some of the other parts of the business? what do you think this will actually look like in, say, 2015? >> clearly, you've been clearly focused on i.t. services, we had the demerger announcement last quarter and we are progressing very well. so as we exhibit this for the calendar or near or on that, we should be able to be done in terms of activity. which means if we're limited now, it will contain only the products and services in the geography. services are globally. it will focus more and more in terms of momentum as we identify with the life sciences, energy, natural resources, liquidities all in terms of
cost structure, looking at technology, looking at taking out costs and everything because that is the environment when the i.t. budgets are much flatter. so from that point, we were looking quite good so far as we get into the next year. >> and last question, what do you think this company will look like in calm of years time? it's been through so many transformations, changing business over the years. is this going to be a company that is still heavily focused on i.t. services as you...
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Jan 16, 2013
01/13
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i think that the financial story and economic story is saying this is not the kind of financial environment that leads to rapid growth. >> interesting. >> okay. >> you tied it in to dell and jpmorgan and everything else. excellent. larry, thank you. >> my pleasure. >> join us tomorrow. "squawk on the street" begins right now. >>> good wednesday morning. welcome to "squawk on the street." i'm melissa lee with carl quintanilla, and jim cramer and david faber at the new york stock exchange. stocks had a pretty nice day yesterday. the s&p closed at five-year highs. we are looking to the down decide this morning. the dow looking to lose about 62 at the open. the picture in europe, a couple of downgrades for gdp forecasts from both the german government and world bank. italy is down by 1.5%. road map this morning starts off with the banks and earnings. jpmorgan higher. goldman sachs at 18-month highs. >> japan airlines grounding their entire dreamliner fleet. >>> dell shares falling this morning after david faber reports that a deal could be announced within two weeks, but at a price of 13.50 or
i think that the financial story and economic story is saying this is not the kind of financial environment that leads to rapid growth. >> interesting. >> okay. >> you tied it in to dell and jpmorgan and everything else. excellent. larry, thank you. >> my pleasure. >> join us tomorrow. "squawk on the street" begins right now. >>> good wednesday morning. welcome to "squawk on the street." i'm melissa lee with carl quintanilla, and jim...
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Jan 14, 2013
01/13
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itself, when you've got growth and you've got employment opportunity, you've got income growth and environment of very low interest rate is headache to policymaker in which i think the government here continue to have to fine tunemakers every now and then essentially because after they tighten one time, they quiet down the market, but i comes back again because the liquidity flows remain strong. so whether this is the measures toned all measures remains to be seen, i think if the interest rate remains low, we may see further tightening after a period of quiet. i suppose contemplation, i think. >> stick right there. we also want to take a look at what is happening over in india. we're seeing mixed pictures on inflation. headline inflation slowed to its lowest level in three years, in fact. that was up about 7.2% from a year earlier and well shy of expectations. some say the lower than expected wpi fueled the rate cut from india. does this mean 25 basis point rate cuts and more to come? >> well, there's firm pressure from the politicians on the central bankers to do so. the growth is still rathe
itself, when you've got growth and you've got employment opportunity, you've got income growth and environment of very low interest rate is headache to policymaker in which i think the government here continue to have to fine tunemakers every now and then essentially because after they tighten one time, they quiet down the market, but i comes back again because the liquidity flows remain strong. so whether this is the measures toned all measures remains to be seen, i think if the interest rate...
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Jan 16, 2013
01/13
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CNBC
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the question people ask is, can we see anything from the fourth quarter that will tell us what the environment in 2013 is like. i guess my answer to that would still be no. fiscal cliff issues, europe, the election, tropical storms, et cetera, and there's still no real clarity on what the business models, investment banking are going to look like as we head toward three. it's going to be much better numbers than a year ago. numbers are going to be slightly down versus the third quarter. and -- to my mind, there's still really nothing we'll be able to take away from the numbers in terms of -- >> which is frustrating because we're at a time when we are trying to re-evaluate what the model is going to be, what earnings will look like going forward. in your view, what is -- what is the investment case for these investment banks today? >> well, the investment case for an investment bank is that when they work very well, they are extremely capital -- if i advise a company and get a fee for ecm or m&a deal, it requires no capital, and i get a lot of money. that's very attractive. the second thing is
the question people ask is, can we see anything from the fourth quarter that will tell us what the environment in 2013 is like. i guess my answer to that would still be no. fiscal cliff issues, europe, the election, tropical storms, et cetera, and there's still no real clarity on what the business models, investment banking are going to look like as we head toward three. it's going to be much better numbers than a year ago. numbers are going to be slightly down versus the third quarter. and --...
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Jan 19, 2013
01/13
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CSPAN
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a big grab bag, $77 billion of goodies that included many things foraenergy and the environment. i know that a lot were included in the economic stimulus bill. host: is president of? making fewer promises that he was initially? -- is president obama making fewer promises than initially? guest: absolutely. the 2012 campaign was a campaign of attacks. when we look back at the moments of the campaign, as you look at the debates and what they were saying on the campaign trail of what they were saying in commercials, they spent so much of the time attacking each other. relatively little laying out their agenda in any detail. this was one of the hardest to fact check. mitt romney did not provide details about the tax plan. obama spent some time attacking mitt romney that there were just some many fewer promises made. there was less of an agenda. host:the score coard looks at 500 promises made by obama. he has made progress on 73% of them. thank you for being here. that website is politifact.com. >> tomorrow, cheryl olson talks about violent video game and the effect on young people. jo
a big grab bag, $77 billion of goodies that included many things foraenergy and the environment. i know that a lot were included in the economic stimulus bill. host: is president of? making fewer promises that he was initially? -- is president obama making fewer promises than initially? guest: absolutely. the 2012 campaign was a campaign of attacks. when we look back at the moments of the campaign, as you look at the debates and what they were saying on the campaign trail of what they were...
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Jan 19, 2013
01/13
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balance that thing that makes america so great which is the rule of law and having order and creating an environment where people can thrive because there is that order. but also understanding we live in a globe where we should be the leaders and have to interact. that's where our children's future are is being a part of this global economy. that's not something we can easily avoid, it's there. caller: i'm a city worker and right now i see that new york services for the mentally ill are being sabotaged because of the union and pensions. i just want to know why pensions are being blamed for everything. i play -- pay into my own pension. host: do you have a question or is that a statement? caller: why are pensions being blamed for the budget problems. when you pay into your -- host: thanks for the call. guest: it is just a reality. when you look at budgets and obligations there is no doubt there are some areas and some places where we've over extended our obligations. we have promised too much. you have people who have made commitments and cities and companies have made commitments that they cannot me
balance that thing that makes america so great which is the rule of law and having order and creating an environment where people can thrive because there is that order. but also understanding we live in a globe where we should be the leaders and have to interact. that's where our children's future are is being a part of this global economy. that's not something we can easily avoid, it's there. caller: i'm a city worker and right now i see that new york services for the mentally ill are being...